If you compare the increase in value of investment property in Ararat, 3377 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.29%.
When looking at the potential capital gains offered to property investors over the last 3 years, Ararat comes in at number 480th in VIC.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ararat, 3377. Typically our figures indicate that -6.15% is being offered, which puts this VIC suburb at 1769th most discounted overall in Australia.
On average over the past year, suburb has had 12.17 sales per month, which equates to 146 per year.
Situated 189.20km from the CBD, Ararat is one of Ararat localities in the postcode 3377.
The five-year average increase in median property values for Ararat,3377 has given property investors a potential capital gain of -2.59% across each of those five years.
Ararat, 3377’s gross rental yield is 4.09%